AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
In November 2009, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving the exporting of goods and services destined for the engineering of a fifth metro line in Caracas in Venezuela.The post-export credit agreement was signed on 12 November 2009. The loan amount is USD 219.34 million at an annual interest rate of 4.63 percent. The loan matured in April 2010.
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